13th & T NW: Whitelaw to Remain Affordable Housing

The Washington Business Journal has reported that the DC government has a contract pending before the DC Council to sell the Whitelaw Hotel land to the partnership that owns the apartment complex. The historic hotel is located at the Southeast corner of 13th and T Streets NW at 1839 13th.

The terms of the proposed agreement stipulate that the Whitelaw Hotel Limited Partnership will continue to operate the building as affordable housing for the next 14 years beyond the sale date of the underlying property. Households would need to be at or below 60 percent of the AMI (area median income) to qualify. The partnership would pay $427,500 for the land which is assessed by the Office Tax and Revenue at $2.25 million.

Comments (1)

I’m not sure why the DC government had to sell the land @ 25% of value. I’m not sure why it is being done now. The property would most likely remain affordable anyway, so what did the City gain here? Isn’t Manna an affordable housing advocate and so is this just another give away by the DC government, off loading by Fenty & Co?